India Inc: Quarter ended December 2011
   Sep 2011 Results
Click on title to sort Dec 2011 Dec 2010 YoY %-Change Get More Info
 Name  Sector Net Sales 
(Rs m) 		 PAT 
(Rs m) 		 Net Sales 
(Rs m) 		 PAT 
(Rs m) 		 Net Sales 
(%) 		 PAT 
(%) 		 P/E* 
(x) 
 JET AIRWAYS  AIRLINES 39,392 -2,868 34,746 933 13.4% -407.4% -2.0  Qtly Results
Sector Aggregate 39,392 -2,868 34,746 933 13.4% -407.4%  
 AUTOMOTIVE AXLES  AUTO ANCILLARIES 2,926 197 1,795 97 63.0% 103.1% 10.5  Qtly Results
 EXIDE INDUSTRIES  AUTO ANCILLARIES 12,503 1,043 10,502 1,244 19.1% -16.2% 24.0  Qtly Results
 MUNJAL SHOWA  AUTO ANCILLARIES 3,985 132 3,309 79 20.4% 67.1% 5.2  Qtly Results
 NRB BEARINGS  AUTO ANCILLARIES 1,376 123 1,205 145 14.2% -15.2% 7.3  Qtly Results
 OMAX AUTOS.  AUTO ANCILLARIES 3,402 75 3,009 56 13.1% 33.9% 4.0  Qtly Results
 SONA KOYO STEER  AUTO ANCILLARIES 2,518 71 2,737 87 -8.0% -18.4% 8.3  Qtly Results
Sector Aggregate 26,710 1,641 22,557 1,708 18.4% -3.9%  
 ASHOK LEYLAND  AUTOMOBILES 28,798 669 22,272 433 29.3% 54.5% 11.6  Qtly Results  | Our View
 BAJAJ AUTO LTD  AUTOMOBILES 50,632 8,541 41,771 6,671 21.2% 28.0% 15.2  Qtly Results  | Our View
 ESCORTS  AUTOMOBILES 8,298 127 8,378 249 -1.0% -49.0% 7.0  Qtly Results
 HINDUSTAN MOTORS  AUTOMOBILES 1,005 -428 1,527 -278 -34.2% N.A. -1.2  Qtly Results
 HERO MOTOCORP  AUTOMOBILES 60,315 6,130 51,617 5,089 16.9% 20.5% 17.2  Qtly Results  | Our View
 MARUTI SUZUKI  AUTOMOBILES 78,824 2,056 94,944 5,652 -17.0% -63.6% 21.5  Qtly Results  | Our View
 TUBE INVESTMENTS  AUTOMOBILES 8,792 271 7,521 313 16.9% -13.4% 13.6  Qtly Results
 TVS MOTORS  AUTOMOBILES 17,622 566 16,467 558 7.0% 1.4% 10.5  Qtly Results
Sector Aggregate 254,286 17,932 244,497 18,687 4.0% -4.0%  
 ALLAHABAD BANK  BANKING 39,119 5,604 28,555 4,158 37.0% 34.8% 4.8  Qtly Results
 ANDHRA BANK  BANKING 29,230 3,032 21,216 3,309 37.8% -8.4% 4.7  Qtly Results
 BANK OF MAHARASHTRA  BANKING 18,711 1,356 14,293 903 30.9% 50.2% 5.6  Qtly Results
 BANK OF BARODA  BANKING 76,720 12,769 56,662 10,688 35.4% 19.5% 6.2  Qtly Results  | Our View
 BANK OF INDIA  BANKING 71,501 7,161 54,675 6,531 30.8% 9.6% 9.4  Qtly Results
 CANARA BANK  BANKING 78,121 8,756 59,079 11,057 32.2% -20.8% 6.4  Qtly Results
 CORPORATION BANK  BANKING 33,628 5,244 24,713 3,824 36.1% 37.1% 3.9  Qtly Results
 CITY UNION BANK  BANKING 4,386 722 3,130 577 40.1% 25.1% 6.6  Qtly Results
 FEDERAL BANK  BANKING 14,668 2,019 10,219 1,431 43.5% 41.1% 9.7  Qtly Results
 HDFC BANK  BANKING 72,026 14,297 52,300 10,878 37.7% 31.4% 24.6  Qtly Results  | Our View
 ICICI BANK  BANKING 85,919 17,281 66,960 14,370 28.3% 20.3% 17.5  Qtly Results  | Our View
 IDBI BANK  BANKING 58,492 4,098 47,123 4,541 24.1% -9.8% 5.5  Qtly Results  | Our View
 INDIAN BANK  BANKING 32,241 5,260 23,919 4,912 34.8% 7.1% 5.5  Qtly Results
 INDIAN OVERSEAS BANK  BANKING 46,043 1,083 31,016 2,317 48.4% -53.3% 5.7  Qtly Results
 KARNATAKA BANK  BANKING 7,977 721 6,031 385 32.3% 87.3% 6.9  Qtly Results
 KOTAK BANK  BANKING 22,228 4,627 16,538 3,836 34.4% 20.6% 21.2  Qtly Results
 ORIENTAL BANK  BANKING 41,965 3,542 30,328 4,083 38.4% -13.3% 6.9  Qtly Results  | Our View
 PNB  BANKING 94,810 11,500 71,191 10,897 33.2% 5.5% 6.5  Qtly Results  | Our View
 SOUTH IND.BANK  BANKING 9,436 1,022 6,227 753 51.5% 35.7% 7.2  Qtly Results
 SYNDICATE BANK  BANKING 39,739 3,381 29,432 2,562 35.0% 32.0% 4.5  Qtly Results
 UNION BANK  BANKING 53,747 1,970 41,995 5,796 28.0% -66.0% 7.5  Qtly Results  | Our View
 AXIS BANK  BANKING 57,770 11,023 38,383 8,914 50.5% 23.7% 11.4  Qtly Results  | Our View
 VIJAYA BANK  BANKING 20,583 1,243 14,825 1,518 38.8% -18.1% 5.9  Qtly Results
 ING VYSYA BANK  BANKING 9,915 1,195 6,907 830 43.6% 44.0% 11.6  Qtly Results
 YES BANK  BANKING 16,841 2,541 11,262 1,911 49.5% 33.0% 13.4  Qtly Results  | Our View
Sector Aggregate 1,035,816 131,447 766,979 120,981 35.1% 8.7%  
 BIRLA CORP  CEMENT 5,440 437 4,886 696 11.3% -37.2% 8.8  Qtly Results
 ULTRATECH CEMENT  CEMENT 46,508 6,169 37,409 3,189 24.3% 93.4% 15.2  Qtly Results  | Our View
 PRISM CEMENT  CEMENT 11,375 225 8,422 17 35.1% 1223.5% -74.7  Qtly Results
 SHREE CEMENT  CEMENT 12,597 592 7,804 334 61.4% 77.2% 30.3  Qtly Results  | Our View
Sector Aggregate 75,920 7,423 58,521 4,236 29.7% 75.2%  
 HSIL LTD  CERAMICS 3,423 258 2,813 275 21.7% -6.2% 9.4  Qtly Results
 KAJARIA CERAMICS  CERAMICS 3,484 208 2,539 175 37.2% 18.9% 12.6  Qtly Results
 NITCO LTD  CERAMICS 2,636 86 1,655 71 59.3% 21.1% 3.9  Qtly Results
Sector Aggregate 9,543 552 7,007 521 36.2% 6.0%  
 ATUL LTD.  CHEMICALS 4,616 318 4,125 293 11.9% 8.5% 5.9  Qtly Results
 BASF INDIA  CHEMICALS 7,573 60 7,020 237 7.9% -74.7% 20.5  Qtly Results
 EXCEL CROP CARE  CHEMICALS 1,676 11 1,510 75 11.0% -85.3% 5.1  Qtly Results
 FOSECO INDIA  CHEMICALS 603 66 547 54 10.2% 22.2% 14.4  Qtly Results
 GUJARAT ALKALIES  CHEMICALS 4,434 260 3,452 192 28.4% 35.4% 5.5  Qtly Results
 GHCL LTD.  CHEMICALS 4,776 280 3,737 236 27.8% 18.6% 3.3  Qtly Results
 RCF  CHEMICALS 15,955 541 15,336 683 4.0% -20.8% 15.7  Qtly Results
 UNITED PHOSPHORUS  CHEMICALS 19,288 1,137 12,221 839 57.8% 35.5% 11.3  Qtly Results
Sector Aggregate 58,921 2,673 47,948 2,609 22.9% 2.5%  
 HCL INFOSYS  COMPUTERS (HARDWARE) 26,840 350 31,236 559 -14.1% -37.4% 7.7  Qtly Results
 REDINGTON (INDIA)  COMPUTERS (HARDWARE) 24,923 334 21,506 295 15.9% 13.2% 20.8  Qtly Results
Sector Aggregate 51,763 684 52,742 854 -1.9% -19.9%  
 MIRC ELEC.  CONSUMER DURABLES 3,840 -139 4,480 59 -14.3% -335.6% -28.9  Qtly Results
Sector Aggregate 3,840 -139 4,480 59 -14.3% -335.6%  
 ARCHIES LTD  CONSUMER PRODUCTS 567 36 566 46 0.2% -21.7% 11.7  Qtly Results
 COLGATE  CONSUMER PRODUCTS 6,898 1,155 5,766 663 19.6% 74.2% 31.7  Qtly Results  | Our View
 DABUR  CONSUMER PRODUCTS 14,631 1,729 10,869 1,544 34.6% 12.0% 27.4  Qtly Results  | Our View
 GODREJ CONSUMER  CONSUMER PRODUCTS 13,509 1,726 9,858 1,188 37.0% 45.3% 27.2  Qtly Results  | Our View
 GILLETTE INDIA  CONSUMER PRODUCTS 3,245 200 2,545 200 27.5% 0.0% 101.1  Qtly Results
 MARICO LTD  CONSUMER PRODUCTS 10,578 841 8,177 696 29.4% 20.8% 40.8  Qtly Results  | Our View
 P&G HYGIENE  CONSUMER PRODUCTS 3,548 511 2,990 449 18.7% 13.8% 36.6  Qtly Results
Sector Aggregate 52,976 6,198 40,771 4,786 29.9% 29.5%  
 3M INDIA  DIVERSIFIED 3,201 23 2,846 162 12.5% -85.8% 55.2  Qtly Results
 DCM SHR.CON  DIVERSIFIED 13,975 -205 9,659 -15 44.7% N.A. -23.6  Qtly Results
 GREAVES COTTON  DIVERSIFIED 4,644 342 4,192 444 10.8% -23.0% 13.0  Qtly Results
 RALLIS  DIVERSIFIED 3,098 436 2,714 337 14.1% 29.4% 18.7  Qtly Results
 SINTEX IND.  DIVERSIFIED 11,608 687 11,860 1,128 -2.1% -39.1% 8.5  Qtly Results  | Our View
 STERLITE IND.  DIVERSIFIED 103,037 13,454 83,324 11,052 23.7% 21.7% 6.9  Qtly Results
Sector Aggregate 139,563 14,737 114,595 13,108 21.8% 12.4%  
 CAIRN INDIA  ENERGY 30,968 22,619 30,964 20,101 0.0% 12.5% 7.2  Qtly Results
 GAIL  ENERGY 112,942 10,914 83,836 9,676 34.7% 12.8% 12.5  Qtly Results  | Our View
 GUJARAT FLUORO  ENERGY 5,834 2,718 2,273 336 156.7% 708.9% 6.9  Qtly Results
 INDRAPRASTHA GAS  ENERGY 6,631 692 4,571 672 45.1% 3.0% 17.1  Qtly Results  | Our View
 CHENNAI PETROLEUM  ENERGY 111,509 -634 83,476 1,549 33.6% -140.9% 9.4  Qtly Results
 PETRONET LNG  ENERGY 63,303 2,954 36,276 1,708 74.5% 73.0% 12.2  Qtly Results  | Our View
 RELIANCE IND.  ENERGY 851,350 44,400 597,890 51,360 42.4% -13.6% 13.0  Qtly Results
Sector Aggregate 1,182,537 83,663 839,286 85,402 40.9% -2.0%  
 ALSTOM PROJECTS  ENGINEERING 4,793 -39 3,717 159 28.9% -124.5% 21.9  Qtly Results
 ADOR WELDING  ENGINEERING 785 29 705 57 11.3% -49.1% 9.6  Qtly Results
 BH.EARTH MOVERS  ENGINEERING 5,745 399 6,582 466 -12.7% -14.4% 17.4  Qtly Results
 BHARAT ELECTRIC  ENGINEERING 14,473 1,747 13,730 1,706 5.4% 2.4% 13.2  Qtly Results
 BHEL  ENGINEERING 107,431 14,326 90,233 14,032 19.1% 2.1% 10.0  Qtly Results  | Our View
 BLUE STAR  ENGINEERING 5,897 -328 6,134 224 -3.9% -246.4% 117.8  Qtly Results
 BATLIBOI LTD  ENGINEERING 301 -13 324 3 -7.1% -533.3% -38.8  Qtly Results
 CROMPTON GREAVES  ENGINEERING 30,280 771 23,970 2,328 26.3% -66.9% 16.4  Qtly Results
 FINOLEX CABLES  ENGINEERING 4,995 216 5,127 330 -2.6% -34.5% 4.7  Qtly Results
 GRINDWELL NORTON  ENGINEERING 2,221 252 1,917 205 15.9% 22.9% 13.9  Qtly Results
 HAVELLS IND  ENGINEERING 8,982 924 7,279 611 23.4% 51.2% 20.3  Qtly Results
 HEG LTD  ENGINEERING 4,180 595 3,103 382 34.7% 55.8% 6.4  Qtly Results
 INGERSOLL RAND  ENGINEERING 1,870 278 1,553 154 20.4% 80.5% 19.2  Qtly Results
 JYOTI STRUCTURE  ENGINEERING 5,872 138 5,513 247 6.5% -44.1% 4.1  Qtly Results
 KEC INTERNATIONAL  ENGINEERING 11,425 713 8,694 352 31.4% 102.6% 8.3  Qtly Results
 KIRLOSKAR BROS.  ENGINEERING 4,206 127 3,884 169 8.3% -24.9% 18.9  Qtly Results
 KIRLOSKAR INDUSTRIES  ENGINEERING 9 48 9 263 0.0% -81.7% 4.6  Qtly Results
 LAKSHMI MACHINE  ENGINEERING 5,383 397 4,909 458 9.7% -13.3% 12.1  Qtly Results  | Our View
 L&T  ENGINEERING 139,986 9,916 114,131 8,053 22.7% 23.1% 20.7  Qtly Results  | Our View
 NUMERIC POWER  ENGINEERING 1,302 72 1,266 109 2.8% -33.9% 5.7  Qtly Results
 NESCO LIMITED  ENGINEERING 380 196 607 295 -37.4% -33.6% 13.8  Qtly Results
 PRAJ IND.LTD  ENGINEERING 2,193 251 1,482 119 48.0% 110.9% 21.4  Qtly Results
 SHANTHI GEARS  ENGINEERING 429 59 362 60 18.5% -1.7% 14.9  Qtly Results
 SIEMENS  ENGINEERING 23,968 707 25,381 2,438 -5.6% -71.0% 37.9  Qtly Results
 TRF LTD  ENGINEERING 2,827 44 1,494 174 89.2% -74.7% 23.0  Qtly Results
 THERMAX LTD  ENGINEERING 12,693 955 12,412 1,002 2.3% -4.7% 15.4  Qtly Results
Sector Aggregate 402,626 32,780 344,518 34,396 16.9% -4.7%  
 COROMANDEL INTERN.  FERTILIZERS 25,606 1,691 20,612 1,503 24.2% 12.5% 11.2  Qtly Results
 CHAMBAL FERTILISERS  FERTILIZERS 17,966 -12 13,588 1,074 32.2% -101.1% 16.7  Qtly Results
 DEEPAK FERTILISERS  FERTILIZERS 6,015 496 3,750 437 60.4% 13.5% 5.8  Qtly Results
 GUJARAT STATE FERTILIZERS  FERTILIZERS 13,000 1,724 12,651 2,286 2.8% -24.6% 4.0  Qtly Results
 NATIONAL FERT.  FERTILIZERS 20,509 548 14,722 509 39.3% 7.7% 42.3  Qtly Results
Sector Aggregate 83,096 4,447 65,323 5,809 27.2% -23.4%  
 DEWAN H.FIN.  FINANCE 6,615 750 3,862 618 71.3% 21.4% 9.5  Qtly Results
 EDELWEISS FINANCIAL  FINANCE 4,550 295 4,448 623 2.3% -52.6% 18.9  Qtly Results
 GIC HOUSING  FINANCE 1,123 122 851 574 32.0% -78.7% 8.9  Qtly Results
 IFCI  FINANCE 6,730 1,141 6,374 1,529 5.6% -25.4% 3.4  Qtly Results
 IL&FS INV. MANAGERS  FINANCE 237 78 206 65 15.0% 20.0% 15.0  Qtly Results
 LIC HOUSING  FINANCE 15,885 3,057 12,131 2,135 30.9% 43.2% 12.7  Qtly Results
 MAHINDRA FINANCE  FINANCE 7,328 1,547 5,203 1,444 40.8% 7.1% 13.2  Qtly Results  | Our View
 MAGMA FINCORP  FINANCE 2,671 113 2,164 308 23.4% -63.3% 13.0  Qtly Results
 MOTILAL OSWAL  FINANCE 1,087 260 1,648 422 -34.0% -38.4% 16.5  Qtly Results
 PNB GILTS  FINANCE 408 42 347 93 17.6% -54.8% 25.2  Qtly Results
 RURAL ELECT.  FINANCE 26,637 6,830 21,423 6,641 24.3% 2.8% 7.2  Qtly Results  | Our View
 SUNDARAM FINANCE  FINANCE 4,441 912 3,399 707 30.7% 29.0% 9.0  Qtly Results
Sector Aggregate 77,712 15,147 62,056 15,159 25.2% -0.1%  
 TATA COFFEE  FMCG 1,241 190 1,008 136 23.1% 39.7% 23.4  Qtly Results
 GODFREY PHILLIPS  FMCG 4,821 459 4,247 375 13.5% 22.4% 16.0  Qtly Results
 AGRO TECH FOODS  FMCG 1,815 112 1,954 -77 -7.1% N.A. 30.3  Qtly Results
 ITC LTD  FMCG 62,478 17,010 55,137 13,891 13.3% 22.5% 26.8  Qtly Results  | Our View
 UNITED SPIRITS  FMCG 19,673 471 19,694 931 -0.1% -49.4% 22.7  Qtly Results
 TATA GLOBAL BEV.  FMCG 18,018 801 16,083 721 12.0% 11.1% 27.4  Qtly Results
 VST INDUSTRIES  FMCG 1,701 380 1,380 260 23.3% 46.2% 14.3  Qtly Results  | Our View
Sector Aggregate 109,747 19,423 99,503 16,237 10.3% 19.6%  
 EIH LTD  HOTELS 3,138 453 3,011 284 4.2% 59.5% 33.0  Qtly Results
 INDIAN HOTEL  HOTELS 5,215 653 4,853 528 7.5% 23.7% 29.5  Qtly Results  | Our View
 ORIENTAL HOTELS  HOTELS 710 20 650 63 9.2% -68.3% 19.2  Qtly Results
 TAJ GVK  HOTELS 663 61 702 130 -5.6% -53.1% 13.4  Qtly Results  | Our View
Sector Aggregate 9,726 1,187 9,216 1,005 5.5% 18.1%  
 GATEWAY DISTRIPARKS  LOGISTICS 563 207 520 230 8.3% -10.0% 17.3  Qtly Results
 TRANS CORPN  LOGISTICS 4,644 148 4,444 118 4.5% 25.4% 9.4  Qtly Results
Sector Aggregate 5,207 355 4,964 348 4.9% 2.0%  
 BALAJI TELEFILMS  MEDIA 346 11 395 12 -12.4% -8.3% 31.0  Qtly Results
 D. B. CORP  MEDIA 3,955 554 3,482 659 13.6% -15.9% 17.7  Qtly Results  | Our View
 DISH TV  MEDIA 4,905 -430 3,732 -443 31.4% N.A. -46.6  Qtly Results
 ENTERTAINMENT NETWORK  MEDIA 756 182 775 125 -2.5% 45.6% 19.0  Qtly Results
 HT MEDIA  MEDIA 3,652 498 3,269 862 11.7% -42.2% 20.8  Qtly Results
 JAGRAN PRAKASHAN  MEDIA 3,240 413 2,860 527 13.3% -21.6% 17.9  Qtly Results
 NEXT MEDIAWORKS  MEDIA 109 -26 393 19 -72.3% -236.8% -0.7  Qtly Results
 PVR LTD  MEDIA 1,258 83 955 69 31.7% 20.3% 14.7  Qtly Results
 RAJ TELEVISION  MEDIA 139 20 284 -87 -51.1% N.A. 21.0  Qtly Results
 FAME INDIA  MEDIA 487 -10 474 78 2.7% -112.8% 73.8  Qtly Results
 WIRE & WIRELESS  MEDIA 872 -144 744 -98 17.2% N.A. -5.8  Qtly Results
 ZEE ENTERTAINMENT  MEDIA 7,548 1,376 8,249 1,554 -8.5% -11.5% 20.4  Qtly Results  | Our View
 ZEE NEWS  MEDIA 783 100 744 62 5.2% 61.3% 12.0  Qtly Results
Sector Aggregate 28,050 2,627 26,356 3,339 6.4% -21.3%  
 ASTRA MICRO  MISCELLANEOUS 489 108 569 105 -14.1% 2.9% 12.6  Qtly Results
 CENTURY PLYBOARDS  MISCELLANEOUS 4,384 359 3,659 268 19.8% 34.0% 8.0  Qtly Results
 SMARTLINK NET  MISCELLANEOUS 186 6 494 27 -62.3% -77.8% -1.5  Qtly Results
 EASUN REYROLLE  MISCELLANEOUS 684 3 590 2 15.9% 50.0% -35.6  Qtly Results
 ELECTROSTEEL CAST  MISCELLANEOUS 4,726 -107 4,374 474 8.0% -122.6% 8.6  Qtly Results
 GOKALDAS EXPORTS  MISCELLANEOUS 2,085 -104 2,988 -130 -30.2% N.A. -4.2  Qtly Results
 GREENPLY IND  MISCELLANEOUS 4,187 157 3,168 68 32.2% 130.9% 8.8  Qtly Results
 JINDAL SOUTHWEST H  MISCELLANEOUS 28 19 20 14 40.0% 35.7% 27.4  Qtly Results
 INFOMEDIA 18 LTD  MISCELLANEOUS 427 -215 297 -76 43.8% N.A. -1.0  Qtly Results
Sector Aggregate 17,196 226 16,159 752 6.4% -69.9%  
 ASAHI SONGWON COLORS  PAINTS 603 52 481 50 25.4% 4.0% 4.7  Qtly Results
 ASIAN PAINTS  PAINTS 25,605 2,568 20,996 2,204 22.0% 16.5% 30.8  Qtly Results  | Our View
 BERGER PAINTS  PAINTS 7,010 449 5,501 369 27.4% 21.7% 18.8  Qtly Results
 KANSAI NEROLAC  PAINTS 6,657 527 5,604 416 18.8% 26.7% 23.1  Qtly Results
Sector Aggregate 39,875 3,596 32,582 3,039 22.4% 18.3%  
 ORIENT PAPER  PAPER 5,784 424 4,406 309 31.3% 37.2% 5.7  Qtly Results
Sector Aggregate 5,784 424 4,406 309 31.3% 37.2%  
 CHEMPLAST SANMAR  PETROCHEMICALS 5,181 -146 4,442 -247 16.6% N.A. -16.3  Qtly Results
 MANALI PETRO  PETROCHEMICALS 1,426 108 1,168 75 22.1% 44.0% 5.6  Qtly Results
 NOCIL LTD.  PETROCHEMICALS 1,224 65 1,173 78 4.3% -16.7% 8.8  Qtly Results
Sector Aggregate 7,831 27 6,783 -94 15.5% -128.7%  
 BIOCON LTD  PHARMACEUTICALS 5,185 848 7,298 1,007 -29.0% -15.8% 16.3  Qtly Results  | Our View
 FRESENIUS KABI ONCO.  PHARMACEUTICALS 1,284 44 1,144 35 12.2% 25.7% 62.2  Qtly Results
 DIVIS LABORATORIES  PHARMACEUTICALS 4,174 1,225 3,139 1,016 33.0% 20.6% 20.5  Qtly Results
 FDC LTD.  PHARMACEUTICALS 1,637 329 1,648 321 -0.7% 2.5% 11.1  Qtly Results
 IPCA LABS  PHARMACEUTICALS 6,149 1,038 4,664 528 31.8% 96.6% 12.2  Qtly Results
 J.B.CHEMICALS  PHARMACEUTICALS 1,555 285 2,222 381 -30.0% -25.2% -10.4  Qtly Results
 LUPIN LTD  PHARMACEUTICALS 18,189 2,350 15,102 2,241 20.4% 4.9% 22.8  Qtly Results  | Our View
 PIRAMAL HEALTHCARE  PHARMACEUTICALS 5,587 -169 5,349 458 4.4% -136.9% 121.2  Qtly Results
 TORRENT PHARMA  PHARMACEUTICALS 6,966 832 5,775 769 20.6% 8.2% 14.6  Qtly Results
 UNICHEM LAB  PHARMACEUTICALS 2,226 245 1,971 256 12.9% -4.3% 16.9  Qtly Results
Sector Aggregate 52,952 7,027 48,312 7,012 9.6% 0.2%  
 SUPREME INDUSTRIES  PLASTICS 7,696 614 5,852 412 31.5% 49.0% 11.6  Qtly Results  | Our View
Sector Aggregate 7,696 614 5,852 412 31.5% 49.0%  
 NTPC  POWER 153,834 21,304 138,886 22,962 10.8% -7.2% 15.4  Qtly Results
 PTC INDIA LTD  POWER 13,300 95 17,580 379 -24.3% -74.9% 12.8  Qtly Results
 TORRENT POWER LTD  POWER 18,835 2,113 15,597 1,991 20.8% 6.1% 8.6  Qtly Results
Sector Aggregate 185,969 23,512 172,063 25,332 8.1% -7.2%  
 MAHINDRA LIFESPACE  REAL ESTATE / CONSTRUCTION 1,538 396 1,558 334 -1.3% 18.6% 10.4  Qtly Results
 HIND. CONSTRUCTION  REAL ESTATE / CONSTRUCTION 9,476 428 10,086 79 -6.0% 441.8% 46.2  Qtly Results  | Our View
 MARG LTD  REAL ESTATE / CONSTRUCTION 4,830 184 3,173 160 52.2% 15.0% 3.1  Qtly Results
 PATEL ENGG.  REAL ESTATE / CONSTRUCTION 4,286 136 3,707 77 15.6% 76.6% 8.1  Qtly Results
 REL.INDUS.INFRAS  REAL ESTATE / CONSTRUCTION 152 60 130 49 16.9% 22.4% 34.7  Qtly Results
 SOBHA DEVELOPERS  REAL ESTATE / CONSTRUCTION 3,115 401 3,629 490 -14.2% -18.2% 18.0  Qtly Results
Sector Aggregate 23,397 1,605 22,283 1,189 5.0% 35.0%  
 SHOPPERS STOP  RETAILING 7,446 93 6,498 166 14.6% -44.0% 107.0  Qtly Results
 TITAN INDUSTRIES  RETAILING 24,404 1,639 19,548 1,376 24.8% 19.1% 32.3  Qtly Results  | Our View
Sector Aggregate 31,850 1,732 26,046 1,542 22.3% 12.3%  
 ABAN OFFSHORE  SHIPPING 1,743 -545 2,812 575 -38.0% -194.8% -20.0  Qtly Results
 ESSAR PORTS  SHIPPING 89 0 2,521 41 -96.5% -100.0% -471.2  Qtly Results
Sector Aggregate 1,832 -545 5,333 616 -65.6% -188.5%  
 ALLSEC TEC  SOFTWARE 314 -36 365 6 -14.0% -700.0% -1.3  Qtly Results
 APTECH LTD  SOFTWARE 208 43 226 34 -8.0% 26.5% 52.2  Qtly Results
 ECLERX SERVICES  SOFTWARE 1,320 499 872 317 51.4% 57.4% 13.9  Qtly Results
 ZENSAR TECHNOLOGIES  SOFTWARE 5,003 523 2,696 340 85.6% 53.8% 5.1  Qtly Results
 HCL TECH.  SOFTWARE 21,912 4,461 16,491 2,951 32.9% 51.2% 20.6  Qtly Results  | Our View
 3I INFOTECH LTD  SOFTWARE 3,502 -1,374 6,378 643 -45.1% -313.7% 19.6  Qtly Results
 INFOSYS LTD  SOFTWARE 92,980 23,720 71,060 17,800 30.8% 33.3% 20.4  Qtly Results  | Our View
 KPIT CUMMINS INFO  SOFTWARE 3,789 411 2,737 251 38.4% 63.7% 10.6  Qtly Results
 MASTEK  SOFTWARE 1,064 -60 1,498 -106 -29.0% N.A. -5.3  Qtly Results
 MINDTREE LTD  SOFTWARE 5,197 633 3,848 227 35.1% 178.9% 12.1  Qtly Results  | Our View
 INFO EDGE  SOFTWARE 920 288 751 220 22.5% 30.9% 33.9  Qtly Results
 NIIT LTD  SOFTWARE 1,492 -374 1,612 81 -7.4% -561.7% -27.2  Qtly Results  | Our View
 NIIT TECHNOLOGIES  SOFTWARE 2,184 376 1,740 300 25.5% 25.3% 10.4  Qtly Results  | Our View
 PATNI COMPUTERS  SOFTWARE 10,092 2,004 8,668 1,750 16.4% 14.5% 15.9  Qtly Results
 SASKEN COMM  SOFTWARE 1,288 186 1,383 153 -6.9% 21.6% 4.9  Qtly Results
 SUBEX LTD  SOFTWARE 931 240 742 116 25.5% 106.9% 3.8  Qtly Results
 TCS  SOFTWARE 132,040 28,027 96,634 23,699 36.6% 18.3% 22.5  Qtly Results  | Our View
 TATA ELXSI  SOFTWARE 1,379 90 1,013 56 36.1% 60.7% 22.2  Qtly Results
 FINANCIAL TECH  SOFTWARE 1,121 868 814 788 37.7% 10.2% 12.4  Qtly Results
 ZYLOG SYSTEMS  SOFTWARE 3,095 450 2,300 352 34.6% 27.8% 5.5  Qtly Results
Sector Aggregate 289,831 60,975 221,828 49,978 30.7% 22.0%  
 BHUSHAN STEEL  STEEL 24,071 2,766 19,427 2,803 23.9% -1.3% 7.7  Qtly Results
 GUJ.MINERAL DEV.  STEEL 3,840 1,125 3,604 1,015 6.5% 10.8% 12.7  Qtly Results
 HINDUSTAN ZINC  STEEL 27,868 12,801 26,302 12,896 6.0% -0.7% 10.2  Qtly Results  | Our View
 JINDAL STEEL  STEEL 32,983 4,611 24,102 5,019 36.8% -8.1% 24.5  Qtly Results
 JSW STEEL  STEEL 78,765 6,683 58,076 3,823 35.6% 74.8% 5.3  Qtly Results
 KALYANI STEELS  STEEL 2,394 40 2,640 107 -9.3% -62.6% 23.5  Qtly Results
 AJMERA REALTY  STEEL 16 13 40 26 -60.0% -50.0% 47.7  Qtly Results
 USHA MARTIN  STEEL 7,144 -607 6,134 36 16.5% -1786.1% 33.8  Qtly Results
 UTTAM GALVA STEEL  STEEL 11,053 110 10,396 102 6.3% 7.8% 19.1  Qtly Results
Sector Aggregate 188,134 27,542 150,721 25,827 24.8% 6.6%  
 BALRAMPUR CHINI  SUGAR 6,638 -640 5,315 234 24.9% -373.5% -121.2  Qtly Results
 DALMIA BHARAT SUGAR  SUGAR 2,218 -39 1,850 117 19.9% -133.3% 19.6  Qtly Results
Sector Aggregate 8,856 -679 7,165 351 23.6% -293.4%  
 IDEA CELLULAR  TELECOM 50,309 2,010 39,556 2,430 27.2% -17.3% 42.7  Qtly Results  | Our View
 TATA COMM.  TELECOM 10,192 295 8,776 457 16.1% -35.4% 36.2  Qtly Results
Sector Aggregate 60,501 2,305 48,332 2,887 25.2% -20.2%  
 AKSH OPTIFIBRE  TELECOM CABLES 30 -1 25 -22 20.0% N.A. -2.5  Qtly Results
 BHAGYANAGAR IND  TELECOM CABLES 405 3 386 23 4.9% -87.0% 87.3  Qtly Results
 STERLITE TECH.  TELECOM CABLES 6,635 95 5,791 171 14.6% -44.4% 40.4  Qtly Results
Sector Aggregate 7,070 97 6,202 172 14.0% -43.6%  
 CENTURY ENKA  TEXTILES 4,164 -82 3,617 296 15.1% -127.7% 10.0  Qtly Results
 CENTURY TEXTILES  TEXTILES 13,015 556 11,637 221 11.8% 151.6% 22.2  Qtly Results
 GRASIM INDUSTRIES  TEXTILES 63,641 6,690 54,612 5,017 16.5% 33.3% 9.3  Qtly Results  | Our View
 HIMATSINGKA SEIDE  TEXTILES 1,830 186 1,114 -115 64.3% N.A. 56.9  Qtly Results
 VARDHMAN TEXTILES  TEXTILES 9,946 603 10,100 1,356 -1.5% -55.5% 6.3  Qtly Results
 RAYMOND  TEXTILES 5,208 313 4,511 1,193 15.5% -73.8% 29.8  Qtly Results
 SANGAM INDIA  TEXTILES 3,079 -18 2,886 185 6.7% -109.7% 4.6  Qtly Results
 WELSPUN INDIA  TEXTILES 6,328 379 5,110 40 23.8% 847.5% 3.6  Qtly Results
Sector Aggregate 107,211 8,627 93,587 8,193 14.6% 5.3%  
 CEAT LTD.  TYRES 10,654 24 8,953 128 19.0% -81.3% -6.8  Qtly Results
Sector Aggregate 10,654 24 8,953 128 19.0% -81.3%  
Grand Total 4,694,070 477,018 3,722,672 457,822 26.1% 4.2%  
* Trailing 12 months earnings, excluding extraordinary / exceptional items. Sep 2011 Results